FOR IMMEDIATE RELEASE
September 30, 2015
EB-5 INVESTMENT COALITION STATEMENT ON CONGRESSIONAL ACTION TO EXTEND THE EB-5 REGIONAL CENTER PROGRAM
WASHINGTON, DC – The EB-5 Investment Coalition, a broad-based coalition representing EB-5 industry participants across the country, today released the following statement on Congressional action to extend the EB-5 Regional Center Program through a continuing resolution to fund the federal government:
“The EB-5 Investment Coalition commends Congress for including an extension of the EB-5 Regional Center Program in the continuing resolution. We especially thank House and Senate leadership, as well as the House and Senate Judiciary and Appropriations Committees for their work and cooperation in extending this important program. Today’s action by Congress is a clear testament to the program’s broad bipartisan support and the fundamental value it creates for the U.S. economy.
“We have been encouraged to see the diverse range of industry groups, elected leaders and individual businesses that have voiced their strong support for EB-5 over the last several months. With valuable input from industry stakeholders, we are optimistic that Congress can advance workable, long-term legislation that makes the program more effective, accountable and secure. We look forward to working with Members of Congress, their staff and other key stakeholders in the coming weeks to ensure the EB-5 program can continue to serve its fundamental purpose: ensuring U.S. businesses can access the capital they need to invest in their communities and create jobs at no cost to taxpayers.”
About the EB-5 Investment Coalition:
The EB-5 Investment Coalition (EB-5IC) is a broad-based organization of businesses, industry leaders, trade associations and elected officials mobilizing around the shared mission of putting Americans to work by reauthorizing and strengthening the critical EB-5 Regional Center Program. For more information, please visit: www.eb5coalition.org.